Trade Ideas

I’m on the lookout for short-term GBP plays for the U.K. jobs report, and this pair might still have some momentum left. Do you think GBP/CAD can go for more gains?

Pound pairs might see a bit more action this week, as the U.K. economy gears up to print a fresh batch of jobs figures. Here’s what to expect.

With two major central bank statements this week, it was easy for our strategists to focus on the Loonie & euro this week as the main markets to watch.

It’s almost NFP Friday, fellas! What are market analysts expecting for the U.S. May employment report? And how might USD pairs react?

EUR/JPY’s upswing from a support zone got me looking at its potential resistance levels ahead of ECB’s policy decision!

I’m seeing a textbook pullback play on the short-term chart of EUR/USD! Will this area of interest hold up during the ECB decision and presser, though?

It’s almost time for the highly-anticipated Bank of Canada (BOC) policy decision! Will they cut interest rates this June as expected? And will they signal scope for more easing?

AUD/CAD looks set to retest a key support ahead of BOC’s policy decision! Will the pair make new 2024 highs in the next few days?

With the BOC gearing up for a potential June cut, we might just see big moves from this Loonie pair! Do you think EUR/CAD is in for a bounce off the range resistance?

With expectations of a lower volatility week, our strategists slowed it down a bit with only two forex discussions, surrounding the Australian CPI release.

We’ve got the U.S. core PCE price index (a.k.a the Fed’s preferred inflation measure) up for release this week! Will it support hawkish Fed bets or revive expectations for three interest rate cuts?

The U.S. is dropping its first revisions to the Q1 2024 GDP! Will it prompt Fed members to revisit their “higher for longer” stance?

Will the trend still be our friend on AUD/CAD once the Australian CPI report is released? The pair is closing in on its descending channel resistance on the hourly time frame.

AUD/JPY is testing a key technical resistance zone! Will Australia’s CPI figures convince Aussie bulls to extend the pair’s 2024 uptrend?

Will April’s CPI reports convince more members to reconsider the option? More importantly, how might AUD react to the news?

Central bank events and global PMIs were the top drivers, prompting our traders to cover a wide range of currencies, with a big focus on the U.S. dollar. 

Is Uncle Sam in for another round of disappointing PMI figures? If so, these might throw cold water on hawkish Fed bets and spur bigger moves for NZD/USD!

Last month’s U.S. PMIs caused quite a tumble for the Greenback. Will the May readings turn out any better and lift USD/CAD?

What are traders expecting and how can the U.S. manufacturing and services PMIs and how can they affect the dollar’s price action?

Will EUR/NZD extend its downtrend this week? Or will the RBNZ’s policy decision inspire an upside breakout for the Kiwi’s counterpart?